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15
Feb

Top 5 Tips When Applying For Truck Finance

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More and more people are taking on jobs that require either a long haul on the road or heavy lifting. For this reason, interest in truck financing has increased over the last few years. The possible salary that a truck driver can earn has also significantly increased the interest in truck financing, as some truck drivers can make as much as $200,000 a year. In fact, some companies are in such dire need of truck drivers that they are providing ten thousand dollar incentives to entice people to relocate in order to drive their trucks. Evidently, the importance of trucks and trucking in many industries should not be underestimated.   However, the aforementioned incentives will drastically diminish if the employee doesn’t have his own truck. The driver will also have money deducted for their salaries in the form of rental fees if they do not own their own truck. However, many people cannot simply spend $40,000 to $100,000 to outright purchase a truck, but truck financing can allow someone to become an entrepreneur and pay off their truck in affordable…

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22
May

4 Common Questions And Answers About Leasing A Truck

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If you are planning on leasing a commercial truck and have some questions, don’t worry, you are not alone and you are likely not the first. Investing in a commercial truck is a big endeavour, involving a considerable amount of money and risk and you want to be sure that you have all of the necessary information going into it. Below are four of the most common questions that first time leasers have about truck and trailer and commercial truck leasing. What is a full-service lease? Some financing companies will offer you additional fleet management services and options that can then be rolled into your monthly payment on your lease. A number of items, such as brakes, glass, tires etc., are usually only given to you once during the life of your vehicle. Whenever something needs to be replaced, it’s on you. A full-service lease will typically cover the cost…

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15
May

Your Guide To Construction Equipment

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If you are thinking about starting your own construction business, there are some common pieces of machinery that you might not have been aware of. They each come with their own construction equipment financing needs, and they could end up proving integral to the success of your business. Below is your guide to some of them. Excavators These large pieces of common equipment are either on wheel or on tracks, and usually have a long bucket arm attached to a pivoting cab, which is capable of rotating 30 degrees. The operator of the excavator sits in the cab and controls the machine from there. They are most commonly used for digging application, but also for lifting heavy prefab pieces like pipe, as well as other smaller pieces of equipment. Bulldozers These are some of the strongest, as well as the most reliable pieces of heavy machinery in the construction industry,…

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8
May

4 Navigation Tips For Truck Drivers

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As a truck driver, a large portion of your time is going to be spent on the open road, going from point A to point B and you are going to have to know where you are going. Being able to navigate is key for a commercial truck driver, and just because you have received your commercial truck loan, does not mean you now know how to navigate. It takes time and practice to learn the basics. Below are four navigation tips to get you started. Don’t use GPS, maps, or apps meant for the general public The difference between navigating a car and navigating a commercial truck is huge. Most of the roads, bridges, overpasses, etc. are built to accommodate the weights and dimensions of cars, pickups, minivans and SUVs. With tractor trailer setups, many overpass clearances are too low, and a lot of municipal roads don’t allow certain…

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1
May

How To Start A Trucking Company

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Many people spend their entire lives dreaming and fantasizing about owning their own business. Being your own boss, setting your own hours, taking vacations when you want, spending time with your family when you want. It all sounds pretty appealing, doesn’t it? Starting your own trucking company can provide all that freedom and more, but it comes with some special considerations you should know about, including ones surrounding heavy equipment loans and other financing issues. Below is some guidance that could help you if you are looking to start a trucking company. Getting the right equipment The first and most important step if you are starting your own trucking company is making sure that you get the right equipment. The trucking industry can be very profitable, but it is also highly competitive. Getting equipment is going to be the first, and perhaps the most expensive decision you make. Trucking equipment…

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